Payson Park horse racing facility slashes ask to $9M

A 405-acre commercial equestrian property in Indiantown, known as Payson Park, has slashed its asking price to $8.95 million from $12 million, Forbes reported. The 21-barn, 499-stall property, featuring a one-mile championship dirt track, has not been sold since 1980, when it was acquired by Sports Illustrated journalist-turned-thoroughbred breeder Kraft Payson and her late husband Charles ShipmanPayson.

“The Queen of England has had horses trained at Payson Park,” Kraft Payson told Forbes. “The first question she always asks when I see her at horse races in England is, ‘How is Payson Park?’”

The property also features dormitories totaling 62 rooms, an observation lounge, 76 paddocks, a café with a commercial grade kitchen, a veterinarian facility, a lighted soccer field, and miles of riding trails, according to Forbes. The property’s dirt training track was determined to be the most consistent track in the nation by an MIT study. Atlantic Western Realty has the listing. [Forbes] —Christopher Cameron